{"id":5845,"date":"2022-05-28T12:36:58","date_gmt":"2022-05-28T10:36:58","guid":{"rendered":"http:\/\/costops.com\/index.php\/2022\/05\/28\/elon-musk-welcomes-global-recession-its-been-raining-money-on-fools-for-too-long-andrew-lawrence\/"},"modified":"2022-05-28T12:36:58","modified_gmt":"2022-05-28T10:36:58","slug":"elon-musk-welcomes-global-recession-its-been-raining-money-on-fools-for-too-long-andrew-lawrence","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2022\/05\/28\/elon-musk-welcomes-global-recession-its-been-raining-money-on-fools-for-too-long-andrew-lawrence\/","title":{"rendered":"Elon Musk welcomes global recession: \u2018it\u2019s been raining money on fools for too long\u2019 | Andrew Lawrence"},"content":{"rendered":"<p>The billionaire has received loans and tax breaks to help keep Tesla afloat, now he says other companies should go bankrupt for the good of the economy<\/p>\n<p>With the invasion of Ukraine and lockdowns in China putting added pressure on a supply chain that has yet to recover from the ongoing pandemic, many are predicting a global recession. Elon Musk says bring it on.<\/p>\n<p>\u201cThis is actually a good thing,\u201d Musk <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1529983508206190592\">said in response<\/a> to a question from a Twitter user. \u201cIt has been raining money on fools for too long. Some bankruptcies need to happen.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2022\/may\/28\/elon-musk-welcomes-global-recession-its-been-raining-money-on-fools-for-too-long\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/c5c63cf8ad6b53a767d57c172cedccee8091140d\/0_198_6048_3628\/master\/6048.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=30e5388c0bab993ba2f19e190b94b984\" title=\"Elon Musk welcomes global recession: \u2018it\u2019s been raining money on fools for too long\u2019 | Andrew Lawrence\" \/>The billionaire has received loans and tax breaks to help keep Tesla afloat, now he says other companies should go bankrupt for the good of the economy<br \/>\nWith the invasion of Ukraine and lockdowns in China putting added pressure on a supply chain that has yet to recover from the ongoing pandemic, many are predicting a global recession. Elon Musk says bring it on.<br \/>\n\u201cThis is actually a good thing,\u201d Musk said in response to a question from a Twitter user. \u201cIt has been raining money on fools for too long. Some bankruptcies need to happen. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The billionaire has received loans and tax breaks to help keep Tesla afloat, now he says other companies should go bankrupt for the good of the economy With the invasion of Ukraine and lockdowns in China putting added pressure on a supply chain that has yet to recover from the ongoing pandemic, many are predicting &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2022\/05\/28\/elon-musk-welcomes-global-recession-its-been-raining-money-on-fools-for-too-long-andrew-lawrence\/\"> <span class=\"screen-reader-text\">Elon Musk welcomes global recession: \u2018it\u2019s been raining money on fools for too long\u2019 | Andrew Lawrence<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":5846,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/5845"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=5845"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/5845\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/5846"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=5845"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=5845"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=5845"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}